To the editor,
On TV lately we are buried with ads trying to induce us to buy gold and silver as great investments. The problem is that they are not.
As soon as you buy these you typically lose about 5 percent because that will be its value if you try to immediately sell it back. Secondly, you are told that these materials are almost sure to increase in value with you making great profit.
My question is: If these investments are such a great bet why don’t the folks who already own them simply hang on to them and make the great profits for themselves?
This seems like a classic rip-off.
Ray Kunz
Beacon Falls
